ENPublished on the Governance & Compliance website on December 19 2014 FIFA is to release the full report of its inquiry into the bidding processes for hosting the World Cup in Qatar and Russia, in answer to corruption allegations. FIFA president Joseph S. Blatter has said, in an official statement, that the FIFA executive committee has…
Archives par année de publication: 2014
More than two thirds of the 175 countries around the world included in the 2014 Corruption Perceptions Index scored below 50 on the corruption scale in terms of public sector corruption. The scale is from 0 (perceived as highly corrupt) to 100 (perceived to be very clean). Of the 175 countries within the corruption index,…
A look ahead to the future business challenges set to make headlines in 2015 Businesses faced a particularly difficult year in 2014 with major banks falling foul of the regulators due to trading and system failures; retail giants dealing with financial holes; and implementation of new remuneration and bonus clawback rules. It seems this trend…
Three years after the UK Bribery Act came into force, businesses are still struggling to implement the procedures necessary to prevent corruption, with over a third of almost 3,000 anti-corruption controls assessed by GoodCorporation graded inadequate. This is one the findings, published ahead of the United Nation’s International Anti-Corruption Day (9/12/14), in a white paper…
In the December issue of Ethical Performance, Leo Martin asks if the gambling industry is doing enough to promote responsible gambling According to the Gambling Commission, almost three quarters of the UK population participate in some form of gambling, up from just over two-thirds in 2007. While the vast majority of gamblers (92%) do so…
As we reached the end of a year which brought significant developments in regulation and legislation, Governance & Compliance Magazine took a look at the events that have prompted discussion at board level in the past 12 months. Remuneration under scrutiny The topic of executive pay has been rarely out of the headlines in 2014….
The collapse last year (2013) of the Rana Plaza factory building in Bangladesh, killing more than 1,130 garment workers, shocked the world. While campaigners had warned for years about the poor conditions endured by many of those making the cheap clothes worn and regularly discarded by western shoppers, the tragedy meant that the workers’ plight…
A group of senior figures from a cross-section of multinational organisations joined GoodCorporation for the Autumn Business Ethics Debate at the House of Lords. With the Middle East rarely off the front pages, we posed the question, “Can businesses operate ethically in the Middle East?” With five countries in the region (Somalia, Sudan, Libya, Iraq…
As the Gambling Commission consults on new licensing standards that could include a social responsibility code as well as advertising restrictions, four of Britain’s biggest bookmakers have formed The Senet Group in a move to promote responsible gambling. At this stage their initiatives focus on advertising: removing adverts for touch-screen roulette machines from their windows…
Supreme Group, a global leader in the provision of end-to-end supply chain solutions, has been awarded the Investing in Integrity Chartermark following the successful completion of a rigorous assessment process. Investing in Integrity is a Chartermark founded in 2012 by the Institute of Business Ethics and the Chartered Institute for Securities and Investment. Its purpose…
